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Southampton’s Coopers Neck Lane has showed up as number eight on the top 15 most expensive streets in America, according to an analysis by online real estate site, Zillow. With a median home value of $11.87 million the tony road is the only one in New York to make the list.
After one of the coldest Februarys on record combined with an endless cycle of snow and ice, spring has finally sprung. And with it has come the incredible desire to obtain that beautiful oasis in the Hamptons. With new construction booming, interest rates low, and pricing up, the time is right to secure your piece of paradise in the Hamptons.
HRES: How did you get your start in Real Estate? Mary Slattery: I started in Real Estate in 2006 after a career in fundraising and development on the East End. My circle of friends kept suggesting that I try my hand in Hamptons real estate and I finally took the plunge.
British rocker Roger Waters of Pink Floyd “has beenat war for three years over a right-of-way that gives his neighbors on Quimby Lane access to Sag Pond,” according to Richard Johnson in the New York Post. Apparently Waters’ neighbors have objected to the rock star’s builder, Benzz Krupinski, driving equipment down the shared right-of-way, so they blocked traffic with a chain.
Michael Braverman, an iconic name in Hamptons real estate—a former partner in Braverman Newbold Brennan, the prestigious brokerage firm purchased by Sotheby’s in 1997—is now associated with Douglas Elliman where his former crony Paul Brennan holds court in the Bridgehampton office.
After a record year for real estate in the Hamptons in 2014, 2015 is already off to a great start. The rental season looks promising. With a strong stock market, low interest rates, new construction booming, and every hamlet in demand, consumer confidence is high. The Hamptons continue to attract people to its world-class beaches, charming villages, and trendy lifestyle.
Matthew Breitenbach, has left the Corcoran Group to join Douglas Elliman’s Bridgehampton office. At Elliman, he will target properties in the $10 million-and-up range, as well as tap into its new sports and entertainment division.
By all accounts, 2014 was a phenomenal year for Hamptons real estate. With sales volumes up across the board, new construction in high demand, and an uptick in prices, the market is predicted to do extremely well in 2015.